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City of <br /> �- Pe not AGENDA ITEM #9.5.A., B <br /> q <br /> Lakes:::�� <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: February 3, 2009 <br /> Subject: Decertification of Tax Increment Districts <br /> Report: Because bonds for the business park project have <br /> been paid off, we are able to decertify two TIF districts. <br /> Per recommendation from Ehlers, staff is requesting the <br /> Council decertify the following districts: <br /> • TIF District 1-8 — Water Waters <br /> • TIF District 1-10 — Veterinarian Clinic <br /> Council Action Requested: <br /> A. Council motion adopting Resolution 09-06 <br /> Decertifying TIF District 1-8 — Water Wars <br /> B. Council motion adopting Resolution 09-07 <br /> Decertifying TIF District 1-10 — Veterinarian Clinic <br />